INTERIM RESULTS MEDIA RELEASE: MARCH 2021 STRONG UNDERLYING RESULTS AMIDST TOUGH CONDITIONS BODE WELL FOR RCL FOODS’ NEXT CHAPTER KEY HEADLINES • Revenue up 10.5% mainly due to higher volumes and improved prices in Sugar and Baking, and new business in Vector Logistics• Underlying* EBITDA up 18.0%, and underlying HEPS up 28.0%o Strong Baking performance,
Commercial Director, David Tubb proves that at the core of RCL FOODS is authentic leadership which is about seeing and doing things differently and displaying judgement, drive and influence. As a leader in the business, his mantra is that every person needs to be the ‘CEO’ of the world that they control. With this drive
. At RCL FOODS, land reform has been embraced as an opportunity for positive transformation in its primary commodity value chains, where several sustainable land reform projects have been established. These range from community-based joint ventures to long-term partnerships with land reform mentees and small-scale growers, all of which have provided workable models for successful land transformation and community economic development. Some highlights of this journey in the sugar space are shared below.